Episode 241: Shane Lanigan of Beach Point Capital's Dublin Office - The Upside of Focusing on the Downside

Shane Lanigan is Portfolio Manager at Beach Point Capital Ireland, a role he has held since September 2018.  He was previously a director at BSM Finance, a senior debt provider to entrepreneur owned, VC or PE backed businesses. 

Our conversation starts with Shane's Co. Kilkenny roots and the world of commerce and finance that drew him to London for many years.  We hear then about his path back to Ireland and the role investing in credit at Beach Point. 

We turn to the dynamics of credit investing, how it is focused on protecting the downside and how to screen for that across a variety of industries and company type.  We compare the structures across different company sizes and ask about reputational and other ESG risk in some high profile industries.

As in so many of these podcasts the quality of an investment often comes down to the people involved, their integrity and ability to work through setbacks and challenges. The lender can often be a coach and protective ecosystem to help navigate challenges and we ask in particular how this works.

This is a swift canter through a sophisticated and emerging area of private credit that is full of nuance and the human touch. 

Series 1 of 2024 is supported by Apollo Global Management, a leading provider of alternative asset management and retirement services solutions. Apollo seeks to provide clients excess return at every point along the risk-reward spectrum and is focused on empowering retirees, building and financing stronger businesses and driving a more sustainable future